THE SENATE

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2006

COMMITTEE ON COMMERCE, CONSUMER PROTECTION, AND HOUSING

Senator Ron Menor, Chair

Senator Rosalyn H. Baker, Vice Chair

COMMITTEE ON BUSINESS AND ECONOMIC DEVELOPMENT

Senator Will Espero, Chair

Senator Carol Fukunaga, Vice Chair

 

NOTICE OF HEARING

 

DATE:

Wednesday, February 15, 2006

TIME:

9:00 a.m.

PLACE:

Conference Room 016

State Capitol

415 South Beretania Street

A G E N D A

CPH/BED

    

SB 2867

RELATING TO MIXED MARTIAL ARTS.

Renames the state boxing commission as the state athletic commission; requires state athletic commission to regulate boxing and mixed martial arts contests; defines unarmed combat and mixed martial arts.

CPH/BED, WAM

CPH Only

    

SB 2067

RELATING TO INSURANCE.

Appropriates $1,000,000 for the loss mitigation grant program.

CPH, WAM

SB 2500

RELATING TO TITLE INSURERS.

Requires a title insurer to notify a homeowners' association when real property sold is found to be a part of the association. Requires the title insurer to collect and remit the transfer fee to the association and provide a copy of the conveyance document to the association.

CPH, JHW

SB 3004

RELATING TO CONTRACTS.

Provides for prompt payment to subcontractors upon completion of the subcontractor's work or providing of materials for a project; permits subcontractor or materialman to obtain a certificate of completion; requires payment pursuant to certificate of completion within 30 days.

CPH, WAM

SB 3129

RELATING TO SALE OF REAL PROPERTY.

Increases the per cent of the amount realized on the disposition of real property by a non-resident seller.

CPH, WAM

SB 2499

RELATING TO GENERAL EXCISE TAX.

Requires an investment broker and agent who share compensation for their services to pay the general excise tax for only that portion of the compensation retained by each.

CPH, WAM

SB 2143

RELATING TO MONEY TRANSMITTERS.

Regulates money transmitters.

CPH, WAM

SB 3063

RELATING TO TAXATION.

Exempts the sale of gasoline from the state general excise tax and raises the state fuel tax on gasoline with the increase paid to the general fund.

CPH, WAM

SB 3112

RELATING TO GENERAL EXCISE TAX.

Suspends the collection of the GET on motor vehicle gasoline for two years.

CPH, WAM

 

Decision Making to follow, if time permits.

Persons wishing to testify on CPH/BED,bills should submit 35 copies of their testimony to the committee clerk, Room 219, State Capitol, 24 hours prior to the hearing. Persons wishing to testify on CPH-only bills should submit 25 copies of their testimony to the committee clerk, Room 219, State Capitol, 24 hours prior to the hearing. Testimony may also be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing. When faxing, please indicate to whom the testimony is being submitted, the date and time of the hearing, and the required number of copies needed for submittal.

If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter, wheelchair accessibility, or parking designated for the disabled) please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.

Public Folder. A folder labeled "Public Folder" containing the measures and testimonies for the hearing will be available for shared use by members of the public.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6740.

 

 

________________________________________

Senator Will Espero

Chair

________________________________________

Senator Ron Menor

Chair